Articles (Aug 1, 1927) describe the Scranton State Bank as 'defunct' and under the state receiver distributing dividends to depositors. No run or reopening is mentioned. OCR errors in articles: 'Seranton' and 'Seran' are corrected to Scranton; 'cashier's tied' likely refers to cashier-related failure/embarrassment but not described as a depositor run. Classified as suspension/closure with receivership (government action).
Events (2)
1.August 1, 1927Receivership
Newspaper Excerpt
Charles Johnson, state receiver, announced today ... Depositors of the ... Scranton State Bank ... will be paid ... dividend will wind up the estate.
Source
newspapers
2.*Suspension
Cause
Government Action
Cause Details
Bank is defunct and placed under the State bank receiver (state receiver administering receivership after failure).
Newspaper Excerpt
Depositors of the ... Scranton State Bank ... will be paid ... after the cashier's tied
Source
newspapers
Newspaper Articles (2)
1.August 1, 1927The Emporia GazetteEmporia, KS
Click image to open full size in new tab
Article Text
Three Defunct Banks To Pay Dividends to Depositors in August
Aug. will paid depositors three defunct banks this month, Charles Johnson, state receiver, announced today. Depositors the Roanoke State bank Kansas will receive August their first distribution the assets. amount20 of the total per cent dividend August depositors the Scranton State bank Seranwhose failure. after the cashier's tied Later. dividend of about cent wind the estate. from which the get only of money. The State bank Linwood make its first dis bursement under the August checks representing of the deposits will be mailed to the depositors.
Defunct Banks to Pay Dividends in August
Topeka Aug dends will be paid to depositors three defunct state banks this month Charles Johnson. state bank receiver. announced today Depositors of the Roanoke State Bank of Kansas City, Kan., will their first distributhe assets. amounting to cent of posits. An per cent dividend will be August 10 depositors of the paid Scranton State Bank at Seranton, after cashier's tied Later. dividend about percent will wind up the estate, from which the will get only one-half of their money The Linwood State Bank of Linwood will make its first ment under the receivership August 20. when representing onethe deposits will be paid to the depositors.
